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Pains Lodge, Pains Road, Southsea PO5 1AS

£175,000

Well-situated, generously proportioned and, very unusually, arranged over three floors, this PURPOSE-BUILT TWO DOUBLE BEDROOM APARTMENT benefits from double-glazing, electric heating, 21ft living room/kitchen, and a 200 sq. ft.  main bedroom

  • Bedroom 2
  • Bathroom 1
  • Reception 1

Property Type

Flat

Parking

Ask Agent

Floor Area

Ask Agent

Tenure Type

Leasehold

Council Tax Band

B
Property Info
Map
Floor Plan
EPC Report
Media

Well-situated, generously proportioned and, very unusually, arranged over three floors, this PURPOSE-BUILT TWO DOUBLE BEDROOM APARTMENT benefits from double-glazing, electric heating, 21ft living room/kitchen, and a 200 sq. ft.  main bedroom. A modern development of just three units, 'Pains Lodge' is positioned close to the junction of Pains Road with Somers Road, some half a mile only from Southsea Town Centre (Palmerston Road Shopping Precinct) and Portsmouth University's main campus, also within comfortable reach of a wide range of public amenities, including: local shops, main-line stations, bus services, various schools, historic Old Portsmouth, and the Gunwharf Quays leisure and retail complex. Let until recently, now vacant, Flat 2 is available with the further asset of NO ONWARD CHAIN. Having a projected rental return of around £1,200 p.c.m. (equivalent to a yield of some 8% p.a.  gross) it will appeal to investors, whilst also considered an ideal opportunity for FIRST TIME BUYERS. Full details are given as follows and early enquiry is recommended:

Private entrance at side of building via UPVC door to:

GROUND FLOOR

HALL

Textured plaster ceiling. Stairs to upper floors. Tiled floor. Night storage radiator. Plumbing for washing machine. Circuit breakers.

CLOAKROOM & W.C.

White suite comprising: handbasin and low flush w.c. Textured plaster ceiling with extractor. Tiled floor.

FIRST FLOOR

LANDING

UPVC double-glazed window to stairwell. Textured plaster ceiling.

LIVING ROOM & W.C. - 6.63m x 3.81m (21'9" x 12'6")

Reducing to 9'2 (2.79m) 

Kitchen Area

Fitted and equipped with: base and wall cupboards, work surfaces and breakfast bar with tiled surround, 1½  bowl stainless steel inset sink with mixer tap, electric oven, and 4-ring ceramic hob with extractor canopy. Space for 'fridge and freezer. UPVC double-glazed window to side elevation. Wood-laminate flooring. Textured plaster ceiling.

Living Area

Textured plaster ceiling. UPVC double-glazed window to rear elevation. Night storage radiator.

TOP (SECOND) FLOOR

LANDING

'Velux' double-glazed roof window to front slope. Built-in storage cupboard.

BATHROOM & W.C. - 1.75m x 1.65m (5'9" x 5'5")

White suite comprising: pedestal handbasin, low flush w.c., and panelled bath with 'Triton' independent shower mixer. Part-tiled walls. UPVC obscure double-glazed window. Ceiling extractor. Wood-laminate flooring.

BEDROOM ONE - 5.89m x 3.23m (19'4" x 10'7")

Sloping ceiling incorporating three 'Velux' double-glazed roof windows. Access to eaves storage. Night storage radiator.

BEDROOM TWO - 3.56m x 2.79m (11'8" x 9'2")

Rear square dormer with UPVC double-glazed window. Access to eaves storage. Night storage radiator.

OUTSIDE

Forecourt with bin storage.

GENERAL INFORMATION

Tenure: 125 years leasehold from 26th October 2004 (103 years remaining).
Service Charge: £800 p.a.
Ground Rent: £1 p.a.

COUNCIL TAX

Band 'B' - £1,782.44 p.a. (2026-27).

EPC

Energy Rating 'E' (Floor Area 129  sq m approx).

VIEWING

By appointment with SOLE AGENTS,
D. M. NESBIT & CO.
(18109/061418)

Interested in this property?

Whether you’ve only just started thinking about moving, or have done all your research and are ready to get the show on the road, we’re waiting to hear from you and ready to answer any questions you may have.